Question

An investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per...

An investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per share. One year later, the shares are selling for $21 each. The stock paid a dividend of $1.50 per share. What is the total percentage return on the investment?

Group of answer choices

-6.76%

0.00%

6.76%

7.14%

0 0
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Answer #1

Ans 0.00%

Return on Shares = Dividend Income + (P1 - P0)
1.50 + (21 - 22.50)
0.00
Return on Shares in % = Return on Share / P0 * 100
0 / 22.50 * 100
0.00
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